Semiconductors

Nvidia’s Vera CPU shifts control of the AI server stack, threatening Intel and AMD’s data center margins as system integration and Arm architecture gain ground.

• Nvidia Vera CPU uses 128 custom Arm cores, built on TSMC’s 3nm process, targeting 2027 shipment.
• Intel’s data-center revenue declined 12% year-over-year as AI spending shifts to GPU-centric systems.
• AMD’s EPYC CPU margins are under pressure from Nvidia’s integrated platform strategy, analysts say.